Enoc, which owns 54% of Dragon, recently increased its bid to buy out minority shareholders to £7.50 (US$ 11.70) per share, valuing the stake it does not already own at about £1.7 billion.
Although shareholders have until 30 July to make a decision, Enoc’s chief executive Saif Al Falasi told Upstream that the company feels it has “significant levels of support from the broader shareholder base”.
“Having
